Utilize este identificador para referenciar este registo: http://hdl.handle.net/10400.13/469
Título: An essay on economic growth: classical determinants, convergence and financial development
Autor: Vieira, Paulo Jorge Baptista
Orientador: Andini, Corrado
Palavras-chave: Economic growth
Convergence
Financial development
.
Centro de Ciências Sociais
Data de Defesa: 3-Out-2013
Resumo: This dissertation surveys the literature on economic growth. I review a substantial number of articles published by some of the most renowned researchers engaged in the study of economic growth. The literature is so vast that before undertaking new studies it is very important to know what has been done in the field. The dissertation has six chapters. In Chapter 1, I introduce the reader to the topic of economic growth. In Chapter 2, I present the Solow model and other contributions to the exogenous growth theory proposed in the literature. I also briefly discuss the endogenous approach to growth. In Chapter 3, I summarize the variety of econometric problems that affect the cross-country regressions. The factors that contribute to economic growth are highlighted and the validity of the empirical results is discussed. In Chapter 4, the existence of convergence, whether conditional or not, is analyzed. The literature using both cross-sectional and panel data is reviewed. An analysis on the topic of convergence using a quantile-regression framework is also provided. In Chapter 5, the controversial relationship between financial development and economic growth is analyzed. Particularly, I discuss the arguments in favour and against the Schumpeterian view that considers financial development as an important determinant of innovation and economic growth. Chapter 6 concludes the dissertation. Summing up, the literature appears to be not fully conclusive about the main determinants of economic growth, the existence of convergence and the impact of finance on growth.
URI: http://hdl.handle.net/10400.13/469
Designação: Mestrado em Economia
Aparece nas colecções:Dissertações de Mestrado

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